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Fargo, ND 58103

New Listing

$429,900

Property Type: Commercial Bedrooms: 4 Baths: 7 Square Footage: 5,856 Lot Size (sq. ft.): 11,326 Status: Active

Current Price: $429,900 List Date: 6/21/2026 Last Modified: 6/21/2026

Overview

Description

Excellent mixed-use investment opportunity in a convenient South Fargo location! This property features 6 fully rented residential units and 1 commercial space currently vacant—perfect for an investor looking to generate immediate rental income while also securing space for their own office or business. The property offers 13 parking spaces for tenants and customers. The residential tenants are long-term occupants who have been here for many years, providing stable tenancy and consistent income history. Conveniently located near major roads, shopping, dining, and everyday amenities, this property offers strong visibility, easy accessibility, and long-term investment potential. A rare opportunity for both investors and owner-occupants alike!

Listing Details MLS# 7096394

General Property Information

Lot Measurement: Acres
Management Company Name: Manager on site
Multiple PIDs?: No
Other Parking Spaces: 13
Owner Occupied: No
Waterfront YN: No
Year Built: 1989
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 2928
Management Company Phone: 701-412-7093
For Sale or Lease: For Sale
Acres: 0.26
Lot Dimensions: 71' x 178' x 69' x 160'
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Air Conditioning: None Amenities Shared: None Amenities Unit: None Appliances: Range; Refrigerator CMU Style: Mixed Use Construction Status: Previously Owned Current Use: Office; Residential Existing Financing: Free and Clear Exterior: Brick/Stone; Shakes Fencing: None Flooring: Carpet; Vinyl/Linoleum Foundation: Slab Fuel: Electric Heating: Baseboard Loan Terms: Cash; Conventional Lock Box Type: None Lot Description: Irregular Lot Miscellaneous Information: Building Sign On Site Utilities: Electric Common; Hot Water Common Owner Pays: All Utilities; Insurance; Maintenance/Repair; Management Parking Characteristics: Parking Lot Potential Use: Office; Other Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Tenant Pays: None Topography: Level Wall Description: Finished Water: City Water/Connected Window Features: Screens

Contract Information

Contingency: None
ListPrice: 429900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Fargo
County: Cass
State: ND
Zip Code: 58103
Complex/Dev/Subdivision: Westrac

Assessments

Assessment Balance: 1592
Assessment Installment: 276
Tax With Assessments: 6489

Building Information

Building Finished SqFt: 5856
Building SqFt: 5856

More Information

Income and Expenses

Annual Caretaker Expense: 1800
Annual Electric Expense: 8485.24
Annual Gross Expenses: 29488
Annual Gross Income: 67800
Annual Insurance Expense: 6533
Annual Maintenance Expense: 1500
Annual Net Income: 38312
Annual Repair Expense: 768
Annual Water/Sewer Expense: 3914.88

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
Building Sign: Yes

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building, Land, Leases

Unit 1

Unit Number: Yes
Monthly Rent: 950
Three-Quarter Baths: 2
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 5
Level: 2nd Level
Leased?: Yes
Lease Expiration Date: 2026-06-30
No. of 1 Bedroom Units: Yes

Unit 2

Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 650
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Rooms: Yes
Unit Number: 3

Unit 3

No. of 3 Bedroom Units: Yes
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 650
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Rooms: Yes
Unit Number: 4

Unit 4

Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 700
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 2
Unit Number: 6

Unit 5

Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 600
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Rooms: Yes
Unit Number: 7

Unit 6

Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 600
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Rooms: Yes
Unit Number: 8

Unit 7

Leased?: No
Level: Main Level
Unit Number: 7

Unit Details

Total Units: 7

Unit Information

No. of Efficiency Units: 3

Office/Member Info

Association: FMR

Location, Tax and Other Information

Legal Description: WESTRAC 1ST PT LTS 3 & 4 BLK 5 DESC AS- BOUNDED ON THE NW BY THE NWLY LN OF LTS 3 & 4, BOUNDED ON SE BY SELY LN OF LTS 3 & 4, BOUNDED ON SW BY A LN PARA TO & 168.65' NELY OF, SD 168.65' BG MEAS PERP TO, THE SWLY LN OF LT 3, BOUNDED ON NE BY A LN PARA TO & 37.3' NELY OF, SD 37.3' BG MEAS PERP TO, THE SWLY LN OF SD LT
Listing City: Fargo
Map Page: 999
Municipality: Fargo
School District: Fargo
Zip Plus 4: 6122
Property ID Number: 01402100212000
Tax Year: 2025
Tax Amount: 6395
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Excellent mixed-use investment opportunity in a convenient South Fargo location! This property features 6 fully rented residential units and 1 commercial space currently vacant—perfect for an investor looking to generate immediate rental income while also securing space for their own office or business. The property offers 13 parking spaces for tenants and customers. The residential tenants are long-term occupants who have been here for many years, providing stable tenancy and consistent income history. Conveniently located near major roads, shopping, dining, and everyday amenities, this property offers strong visibility, easy accessibility, and long-term investment potential. A rare opportunity for both investors and owner-occupants alike!
Directions: From 32nd Ave S, turn south onto Fiechtner Drive South. Continue south past 34th Ave S; the property is on the east side of the street.

Accessible

None: Yes

Air Conditioning

None: Yes

Amenities Shared

None: Yes

Amenities Unit

None: Yes

Appliances

Range: Yes
Refrigerator: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Free and Clear: Yes

Exterior

Brick/Stone: Yes
Shakes: Yes

Fencing

None: Yes

Flooring

Carpet: Yes
Vinyl/Linoleum: Yes

Foundation

Slab: Yes

Fuel

Electric: Yes

Heating

Baseboard: Yes

Lock Box Type

None: Yes

Lot Description

Irregular Lot: Yes

Owner Pays

All Utilities: Yes
Insurance: Yes
Maintenance/Repair: Yes
Management: Yes

Parking Characteristics

Parking Lot: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Topography

Level: Yes

Wall Description

Finished: Yes

Water

City Water/Connected: Yes

Window Features

Screens: Yes

No. of Ranges

Six or More: Yes

No. of Refrigerators

Six or More: Yes

Tenant Pays

None: Yes

On Site Utilities

Electric Common: Yes
Hot Water Common: Yes

CMU Style

Mixed Use: Yes

Current Use

Office: Yes
Residential: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Potential Use

Office: Yes
Other: Yes

Listing Office: REALTY XPERTS

Last Updated: June - 21 - 2026

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